it's edgelords all the way down

Musk's Milady, US Chamber of Commerce Flex, New Chief Twit

May 14, 2023

gm!

  • Listen to the latest Feelings Check-In pod, where Natasha and Deana cover Worldcoin takes, the Sports Illustrated NFT ticketing play, and the work to build a new podcast series.

  • Listen to the season 2 premier of Context (new feed! plz subscribe), where Blake and Bobby Hundreds talk brand building and his new book “NFTs are a Scam, NFTs are the Future.”

The Boys

Writer: RachlolEditor: Deana

Funny Money. Never a boring day in NFTs. This week resident clown, Elon Musk, tweeted a picture of the disgraced Milady Maker NFT with the caption, "There is no meme. I love you" and the NFT collection pumped straight into the sky. The floor was like lava — starting at 3.8 ETH and jumping to 7.5 ETH in a single day. The self-proclaimed “useless” and “for entertainment purposes only” Milady token ($LADYS) also surged; up 11,632% within the first 24 hours post-tweet. In short, Elon is a modern day market maker. Between $PEPE and $LADYS, it’s safe to say we are in our memecoin shitcoin era.

Gary, update your resume. The largest and most influential business organization in the U.S. has just sided with Coinbase in its clash with the SEC. The US Chamber of Commerce, which represents the interests of more than 3 million businesses in the US, is calling bullshit on the SEC and filed an amicus brief in support of Coinbase. This filing is a big dill as its a setback for the SEC’s case, and it’s also a signal that the SEC is not above being challenged in court. Live shot of us simping for the USCC.

Ladies and Gentlemen, Her. This week, Twitter announced the hiring of its new CEO, Linda Yaccarino, NBCUniversal’s former advertising chief. Twitter has been in a tailspin since Elon’s takeover, so hopefully Linda can build back better™. Unsurprisingly, opinions on titter are mixed. The Take Train includes: 1) this is a classic Glass Cliff, 2) she’ll go hard in the paint on trad advertising models, 3) too left, 4) too right. Welcome to hell, Linda.

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